NIOC has informed buyers in Asia that it could reduce condensate exports in October because of the maintenance at South Pars. industry sources have said.
Read More »How Mexico’s Energy Reform Will Impact the U.S.
Unfortunately. Mexico’s domestic production has lagged behind demand.
Read More »South Pars Phase 14 Gains Momentum
In fiscal 2016-17. gas production from South Pars increased to 520 mcm d. up more than 150 mcm d compared with the previous year.
Read More »Gazprom. BOTAS to Create Joint Venture for TurkStream
Joint project company will be named TurkAkim Gaz Tasima AS. says Russian daily.
Read More »Azerbaijan. BP Extend Deal for Caspian Oil Field Until 2050
In the first half of 2017. the ACG field production averaged 585000 bpd from the six platforms.
Read More »Rosneft. Statoil to Develop Oilfield
Recent exploration over the past two years has more than doubled the field’s estimated reserves to about 813 million boe.
Read More »China to Call on Denmark to Help Build Offshore Wind Farm
China and Denmark also decided to co-build a test and demonstration center for offshore wind power in China.
Read More »Construction of 100 Km of Offshore Pipeline Completed for South Pars
Iran reportedly delivers 30 mcm d of gas to Turkey in the northwest and 5 mcm d in the west.
Read More »Baker Hughes Reports 6 Drilling Rigs Taken Offline
The rig count now stands at 940 overall. with four oil rigs and two natural gas rigs removed.
Read More »Statoil Ventures into New Territory with Argentina Deal
As a consideration. Statoil will fund 100% of the cost of certain future activities in the block.
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